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Last €32.69 EUR
Change Today -0.355 / -1.07%
Volume 0.0
49EA On Other Exchanges
Symbol
Exchange
New York
Berlin
As of 4:54 AM 04/2/15 All times are local (Market data is delayed by at least 15 minutes).

enbridge energy partners lp (49EA) Snapshot

Open
€32.91
Previous Close
€33.05
Day High
€32.91
Day Low
€32.69
52 Week High
02/6/15 - €35.61
52 Week Low
04/3/14 - €19.95
Market Cap
11.2B
Average Volume 10 Days
0.0
EPS TTM
--
Shares Outstanding
262.2M
EX-Date
02/4/15
P/E TM
--
Dividend
€2.16
Dividend Yield
5.35%
Current Stock Chart for ENBRIDGE ENERGY PARTNERS LP (49EA)

enbridge energy partners lp (49EA) Related Businessweek News

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enbridge energy partners lp (49EA) Details

Enbridge Energy Partners, L.P. owns and operates crude oil and liquid petroleum transportation and storage assets; and natural gas gathering, treating, processing, transportation, and marketing assets in the United States. It operates through two segments, Liquids and Natural Gas. The Liquids segment operates Lakehead system that consists of interstate common carrier crude oil and liquid petroleum pipelines and storage assets, which serves Great Lakes and the Midwest regions of the United States, and the province of Ontario, Canada; and the North Dakota crude oil system. Its Mid-Continent system consists of approximately 1,666 miles of crude oil pipelines and approximately 21.4 million barrels of storage capacity, which serve refineries in the United States Mid-Continent region. This segment serves integrated oil companies, independent oil producers, and refiners and marketers. The Natural Gas segment owns and operates natural gas and natural gas liquids (NGL) gathering and transportation pipeline systems; natural gas processing and treating facilities; and NGL fractionation facilities, as well as provides trucking, rail, and liquids marketing services. This segment also offers supply, transmission, storage, and sales services to producers and wholesale customers, as well as other interconnected pipeline systems. It primarily serves wholesale customers, such as refiners and petrochemical producers, fractionators, and propane distributors, as well as industrial, utility, and power plant customers. Enbridge Energy Company, Inc. operates as a general partner of the company. The company was formerly known as Lakehead Pipe Line Partners, L.P. and changed its name to Enbridge Energy Partners, L.P. in 2001. Enbridge Energy Partners, L.P. was founded in 1991 and is headquartered in Houston, Texas.

Founded in 1991

enbridge energy partners lp (49EA) Top Compensated Officers

Principal Executive Officer of Enbridge Energ...
Total Annual Compensation: $383.3K
Vice President of Finance of Enbridge Energy ...
Total Annual Compensation: $257.8K
Senior Vice President of Enbridge Energy Mana...
Total Annual Compensation: $380.4K
Executive Vice President of Enbridge Energy C...
Total Annual Compensation: $411.6K
Compensation as of Fiscal Year 2013.

enbridge energy partners lp (49EA) Key Developments

United Refining Company and Kiantone Pipeline Corporation, Enbridge Energy Partners, L.P. and Enbridge Inc. Enters into Letter Agreement

On March 27, 2015, United Refining Company and Kiantone Pipeline Corporation, on the one hand, and Enbridge Energy Partners, L.P. and Enbridge Inc. on the other hand, entered into an amendment to that certain letter agreement with respect to approximately 88.85 miles of pipeline owned by the Carriers, which transports crude oil from Canada to the company's Kiantone Pipeline in West Seneca, New York and serves the company's refinery in Warren, Pennsylvania. Pursuant to the Amendment, the date by which the company and the Carriers will negotiate the terms and conditions of a put and call option agreement for Line 10 has been changed from on or before March 27, 2015 to on or before April 1, 2015. Pursuant to the Put and Call Agreement, the company would have the right to purchase the Line 10 Pipeline from the Carriers at any time during the next approximately eleven years and the Carriers would have the right to require the company to purchase the Line 10 Pipeline over a two year period starting at the later of approximately nine years or when all of the replacements are completed.

Enbridge Energy Partners, L.P. Presents at 2nd Annual Capital Link Master Limited Partnership Investing Forum 2015, Mar-05-2015 09:25 AM

Enbridge Energy Partners, L.P. Presents at 2nd Annual Capital Link Master Limited Partnership Investing Forum 2015, Mar-05-2015 09:25 AM. Venue: Metropolitan Club, One East 60th Street, NY 10022-1054, New York, United States. Speakers: Mark Andrew Maki, Principal Executive Officer of Enbridge Energy Company Inc, President of Enbridge Energy Company Inc, President of Enbridge Management and Director of Enbridge Energy Company Inc.

Enbridge Energy Partners, L.P. Reports Unaudited Earnings and Operating Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Earnings Guidance for the Year 2015

Enbridge Energy Partners, L.P. reported unaudited earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, operating revenue was $2,071.7 million against $1,962.0 million a year ago. Operating income was $450.7 million compared to $105.4 million a year ago. Income before income tax expense was $357.8 million compared to $44.3 million a year ago. Net income allocable to common units and i-units was $168.9 million or $0.51 per basic and diluted limited partner unit compared to net loss allocable to limited partners of $48.9 million or $0.15 per basic and diluted limited partner unit a year ago. Adjusted operating income was $307.8 million against $188.0 million a year ago. Adjusted net income allocable to common units and i-units was $88.9 million or $0.27 per limited partner unit compared to $39.2 million or $0.12 per limited partner unit a year ago. Adjusted EBITDA was $443.3 million against $303.3 million a year ago. Net cash provided by operating activities was $325.1 million compared to $269.9 million a year ago. Net income was $214.1 million or $0.51 per unit compared to net loss of $16.8 million or $0.15 per unit a year ago. Adjusted net income was $132.5 million or $0.27 per unit compared to $73.1 million or $0.12 per unit a year ago. Higher earnings were primarily attributable to higher transportation rates, higher deliveries and contributions from pipeline expansion projects entering service in the company's liquids pipeline segment. For the year, the company reported operating revenue of $7,964.7 million compared to $7,117.1 million a year ago. Operating income was $1,086.7 million compared to $440.4 million a year ago. Income before income tax expense was $749.6 million compared to $179.1 million a year ago. Net income allocable to limited partners was $218.4 million or $0.67 per basic and diluted limited partner unit compared to net loss allocable to limited partners of $122.7 million or $0.39 per basic and diluted limited partner unit a year ago. Adjusted operating income was $1,016.7 million against $714.3 million a year ago. Adjusted net income allocable to common units and i-units was $305.1 million or $0.93 per limited partner unit compared to $171.1 million or $0.54 per limited partner unit a year ago. Adjusted EBITDA was $1,551.0 million against $1,143.4 million a year ago. Net cash provided by operating activities was $816.8 million compared to $1,212.4 million a year ago. Net income was $371.8 million or $0.51 per unit compared to $4.7 million or $0.39 loss per unit a year ago. Adjusted net income was $460.3 million or $0.93 per unit compared to $304.5 million or $0.54 per unit a year ago. For the quarter, the company reported total liquids systems volumes of 2,771,000 against 2,313,000 barrels per day. Total natural gas throughput was 2,211,000,000 against 2,222,000 MMBtu per day. Total System Production was 86,136 Barrels per day against 84,288 Barrels per day for the same period a year ago. For the year, the company reported total liquids systems volumes of 2,631,000 against 2,188,000 barrels per day. Total natural gas throughput was 2,150,000 against 2,419,000 MMBtu per day. Total System Production was 83,675 Barrels per day against 88,236 Barrels per day for the same period a year ago. For 2015, the company expects adjusted EBITDA To increase approximately 12%, to between $1.68 billion and $1.78 billion, and expects distributable cash flow for 2015 to increase approximately 15%, to be between $900 million to $960 million.

 

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49EA

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Valuation 49EA Industry Range
Price/Earnings 54.1x
Price/Sales 1.5x
Price/Book 3.2x
Price/Cash Flow 13.1x
TEV/Sales NM Not Meaningful
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